MichaelGorji

MichaelGorji

- End of the triangle - between %62 an %78 ret - MACD divergence - Important static area

MichaelGorji

- Ending diagonal - ABC correction - MACD divergence - Important key level

MichaelGorji Updated 

- bottom of the channel - strong support area - MACD divergence on D and W timeframes

MichaelGorji

- High probable reversal area - Midline of the channel - %61.8 Ret - MACD divergence on 4H highs Warning : wait for a nice trigger and dont jump in!!!

MichaelGorji

- Ending diagonal - broke trendline and pulledback on H1 - %61.8 ret of the previous move - MACD divergence on previous highs

MichaelGorji

- completed pullback to the trendline - high probability reversal area - %61.8 ret of the previous move

MichaelGorji

- Valid decreasing channel - 0.5 Ret - Ending diagonal

MichaelGorji

- %78 ret of the previous move. - Target is the bottom of ending diagonal.

MichaelGorji

the high line of the daily channel was rejected 4 times and the up trendline was broken. the target will be the bottom of the channel...

MichaelGorji

after completing the pullback to the midline of the channel we expect eurcad to go for the top line!

MichaelGorji

a valid channel on daily timeframe was broken and we are completing a pullback.

MichaelGorji

- 78% ret of the previous move - reacted to the bottom of the smaller channel - broke the trendline and pulledback

MichaelGorji

-Strong resistant around 1.709 -MACD divergence on previous highs on daily -expanding triangle

MichaelGorji

Price has reacted to the bottom of the DAILY CHANNEL, and the smaller decreasing channel was broken from the top and a pullback was made. its the safest area for entering long trades. enjoy, you're welcome...

MichaelGorji

There are two long-term and midterm channels on AudChf which we are waiting for the price to reach the bottom line of them, plus, there are two expanding triangles which price had reacted to the top of the big one, and broke the small one and made a nice pullback to it All combine, seems like AudChf is going down and there's a good opportunity for going short.